Full List Of Stories
European shares extended losses at midday on Friday as rising bond yields and fears of higher interest rates sent investors running for cover.
British Airways owner IAG swung to a massive €7. 4bn annual operating loss and pulled guidance for 2021, reflecting the impact of the Covid-19 crisis.
European shares fell at the opening of the week’s last session as rising bond yields and a softer Wall Street dampened sentiment.
Pets At Home has lifted annual profit guidance again after a surge in demand from Britons stuck at home during the latest national Covid lockdown.
Shares in UK paper and packaging firm DS Smith spiked on Thursday on reports rival group Mondi is considering a bid in what would be one of the largest British deals this year.
Luxury carmaker Aston Martin Lagonda said it would take the “first steps towards profitability" this year after reporting wider annual losses as sales slumped due to the Covid-19 pandemic.
European shares were flat at lunchtime on Thursday as investors remained cautious amid inflationary fears, despite a deluge of corporate news and takeover speculation around UK packaging firm DS Smith.
Standard Chartered said annual profits more than halved on bad loan impairments due to the coronavirus pandemic, as it resumed dividend payments and announced a share buyback.
Annual profits at paper and packaging maker Mondi fell by a third on the back of “significantly lower” average selling prices for pulp and paper grades and the Covid-19 pandemic.
European shares opened higher on Thursday driven by a deluge of corporate results and takeover speculation around UK packaging firm DS Smith.
A boom in commodity prices and easing of Covid curbs in the second half helped Anglo American report better-than-expected annual profits and lift its dividend.
European shares remained higher at lunchtime on Wednesday as stronger-than-expected German economic growth drove gains, investor sentiment was still tempered by inflationary fears.
Lloyds Bank reported a 72% slump in annual profits, reflecting the impact of the Covid-19 pandemic, but reinstated dividend payments and said it would focus on its insurance and wealth businesses.
European shares opened higher on Wednesday on the back of stronger-than-expected German economic growth, although gains were tempered by inflationary fears.
Renewable infrastructure fund Greencoat UK Wind on Wednesday announced two acquisitions for £99. 5m.
European shares had given up early gains by midday on Tuesday, as disappointing earnings in Germany pulled the continent’s benchmark index lower.
Tech giant Facebook said it would restore news content to its users in Australia after reaching agreement with the government over a proposed law that will see publishers paid for stories on social media networks.
HSBC reported a 34% slump in annual profits dur to the Covid-19 pandemic, but resumed dividend payments and said it would refocus operations on China.
The UK government’s announcement of a roadmap out of coronavirus restrictions has sparked a surge in demand for airlines and travel firms with easyJet reporting a more than 300% spike in bookings.
European shares were broadly higher on Tuesday, led by travel and leisure stocks as the UK published its roadmap out of Covid-19 restrictions although German stocks weighed on the continent’s benchmark index.